New ‘Gold Pickaxe’ Android, iOS malware steals your face for fraud

A new iOS and Android trojan named ‘GoldPickaxe’ employs a social engineering scheme to trick victims into scanning their faces and ID documents, which are believed to be used to generate deepfakes for unauthorized banking access.

The new malware, spotted by Group-IB, is part of a malware suite developed by the Chinese threat group known as ‘GoldFactory,’ which is responsible for other malware strains such as ‘GoldDigger’, ‘GoldDiggerPlus,’ and ‘GoldKefu.’

Read more how the GoldPickaxe malware works.

— Source: Bleeping Computer